Collection PL

United States 1874 – 25 Cents Fourth Issue Fractional Currency (Fr.1301, Allison | Spinner, Watermarked Paper, 40mm Red Seal, PMG 62 EPQ Uncirculated)

The Fourth Issue of fractional currency, introduced between 1869 and 1875, marked the culmination of America’s Civil War–era experiment with small-denomination paper money. This twenty-five cent note (Friedberg 1301) bears the engraved signatures of Treasury officials John Allison and Francis Spinner and was printed by the National Bank Note Company of New York under government contract. Fractional notes such as this filled the coin shortage caused by hoarding of gold and silver during and after the war. ... Read more →

United States 1928G — 2 Dollars Legal Tender Note, Red Seal Star Replacement (Friedberg 1508*), PMG 66 EPQ Gem Uncirculated

This 1928G 2 Dollars Legal Tender Note (Friedberg 1508*, A Block) is a high-grade Star Replacement example from the first small-size red seal issue of U.S. currency. The star prefix before the serial number *03707599A identifies it as a replacement printed to substitute for a defective note detected during Bureau of Engraving and Printing inspection — an early quality control process that makes such notes inherently scarcer than standard production pieces. ... Read more →

United States 1928C — Five Dollars Legal Tender Note Red Seal, Friedberg 1528, GA Block, PMG 66 EPQ Gem Uncirculated

The Series of 1928C Five Dollars Legal Tender Note represents one of the foundational issues of modern small-size United States currency. Authorized under the Legal Tender Acts and issued by the United States Treasury, this red seal note embodies the transition from the large format nineteenth-century designs to the compact format introduced in 1928. Friedberg 1528, bearing the signatures of W. ... Read more →

United States 1875 — Fourth Issue Fractional Currency, 25 Cents, Watermarked Paper, 40mm Seal (Friedberg 1301, Allison-Spinner)

The Fourth Issue 25 Cents Fractional Currency note, cataloged as Friedberg 1301, represents the mature phase of the Civil War–era fractional paper money system. Fractional currency was introduced during the coin shortages of the early 1860s when hoarding of silver created a critical absence of small change in circulation. By the Fourth Issue, the United States Treasury had refined both design and anti-counterfeiting measures to a high degree of technical sophistication. ... Read more →